Fortune 200 Diagnostics Devices Company: New Product Introductions
Initial Situation:
- Development projects take about 25% longer than they should, resulting in major loss of market share
- Project due dates extremely unreliable
- Project quality and scope suffer
- Low quality of life for project workers
Client Objectives
- Reduce time to complete projects
- Improve quality of life
- Raise on-time performance
- Maintain project quality and scope
The ProChain Solution:
- Senior leadership team education and planning
- Implementation design and planning
- Guided project priority setting
- Network building, reduction and analysis
- Management and resource education
- Implement project updating, status and decision support process
- Multiple project synchronization
- Form a Project Management Office and certify PMO members in the delivery of the methodology and tools
Results Achieved:
- Significant increase in predictability of project completion
- Process in place to identify and mitigate early schedule risks and obstacles
- Quality and scope have been maintained
- Managers and workers reported significant improvement in quality of life in hectic environment
- Created ability to prioritize projects and resources, and assess impact of changes
- ROI conservatively 50:1
- Senior leadership knows exactly what is driving current status and has a decision support system to make tradeoffs
- "Traditional project management is a pop gun. We now have a bazooka." — Director, Project Management Office